Monday, January 24, 2022

2022 corner watch: 360 Bowery

Here's another corner development to watch in 2022. 

We've written a lot of what's coming to the former B Bar & Grill space on the SW corner of Fourth Street at the Bowery. 

In early December, workers prepped the one-level structure for demolition. This past week, the six honey locust trees were removed from the former restaurant's courtyard. It's not known if they were chopped down or, possibly, transplanted. (An EVG reader had called 311 about the trees.)

A recap to date...

As we first reported in January 2021, permits were filed for a 21-floor mixed-use development — a 283-foot-tall office building. (For comparison, the Standard East Village, a block to the north, is 21 floors.) The city approved the permits on Nov. 16, per public records.

According to plans, the well-employed architect Morris Adjmi's building will encompass 98,799 square feet, with 26,000 square feet set aside as an unspecified community facility. 

CB Developers paid $59.5 million for a stake in 358-360 Bowery, a gas station before its conversion into the bar-restaurant. B Bar owner Eric Goode, who owns a handful of hotels, including the Bowery Hotel across the way, assembled air rights to build the more extensive development on this corner space. 

As for the B Bar, the one-time hot spot (circa the mid-1990s) was expected to close for good in August 2020. However, the place never reopened after the PAUSE in March 2020. On April 3, 2020, nearly 70 B Bar employees were laid off without any extension of benefits or offer of severance pay.

In the weeks ahead, look for the full demolition of the building... and the ascent of the new development. 

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